New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-05-09

The bank exchanges at the NeN-1Ork Clearing House
and stocks sold at the NewYork Stock Exchange for
the weeks Of three year, compare a
No saafss sold sssGsS gsSSSi
through 405 per cent but upon almost every day In
the week opportunity was found 10 manipulate tenn
RSgay ST as msa in Gon a. they
brilliant and noisy In execution, and without exception
The domestic exchanges now everywhere except at
favorable TO- or at least are not against New
York In connection with the idea yesterday pro-
mulgaed that the bank statement was affected by the
withdrawal OF some S5,0000O0 Chicago funds II Is only
necessary 10 that not In three weeks has the sub
Treasury sold any exchange uponany points excep9Was
ington and those in small amounts. When we do ship
not have to walt to DC informed of the
movement by special dispatches from Chicago speenis
ment any of its figures rejecting the movements OF
the last week he must accept ~ as We are compelled 10
examines it the sceptical he will become Butt
what it may. as stated already money was easy Inc
basis OF "a SCI and ms sa% nnk o S omg
rate remains at per cent the open market for
the discount of bankers bills is la1e per cent The
Bank of Engand's weekly statement on Thursday
showed bullion loss OF 100000. but the ratio OF It's
reserve to its liabilities 1928 per cent against
80 g. cent year ago when the bank adVahecdis
While at the primary distributing points of general
merchandise the usual mdseason quietude has prevailed
the reports from all the interior points OF distribution are
OF large business and satisfactory collections, all OF which
pojnt 10 satisfactory closing or the spring season The
exports OF wheat been checked by adj
vance of about cents but the exports OF wheat and
flour will fully equal those or the preceding
than double those or the corresponding
in sS6 The outward movement or cotton was also
checked by further advance OF ZIG cent but the ex
ports from September arc still 100000 bales greater
than the period OF the preceding year The iron
trade is quiet far business concerned but
prices are fairly maintaped pending the waiting policy
OF consumers The imp0rtaons OF foreign iron ore IN
March 5000 tons, against 7l,3l7 tons
in March. 1886. and for the nine months
ended March 81 $50 f3s tons against 4l542l tons for
the same period ending March 81. 1886. OF manufact
ured iron imported In March, 1887. the value was
s4 against So ,595in March, 1885, and for
nine months ended March 81, 1887, tho value was
S32 1877 27l against S24 9G42Sl for the period
ended March 81 1886 In addition 10 our large increased
product the country has taken iuo consumption
these additional amounts OF imported iron The anthra
cite coal trade is somewhat unsettled Dy threatened
strike OF the miners but It's effect Is TO sen prices Tor
the large amount OF coal now above ground
The Interesting feature at the Stock Exchange last
week was strength anddemand developed for railroad
bonds. Nearly all classes, excepting those whlfh
permanently held, such as Government bonds
showed more less Improvement In prices
The greatest activity was shown In issues IKE
the Green Bay Wnona and St. Paul incomes, Detroit
Mackinac and Marquette land grants, shenanhoah
Valley general mortgages, the various classes OF wa
bash aud Mexican Central As and incomes, but better
classes also responded 10 an improved demand Detroit
Bay City ansAlpena rsts active and higher New
York Central debenture 5s, baltimore and
Ohio 5s Chicago Burlington and Quincy os per cent
issues OF the Chicago, Milwaukee and 81 Paul and
the 81 and Is Of the CHICAGO and Northwestern and